I did a search on the forum and found no discussions about this so I think it might be worthy to create a thread. I am talking about Internet of Things. It is a proposed development of the Internet in which everyday objects have network connectivity, allowing them to send and receive data.
The following quotes are from the article http://www.forbes.com/sites/gartner...net-of-things-and-the-enterprise-opportunity/
"The world will see 25 billion Internet-connected things by 2020, and Gartner estimates that the IoT will produce close to $2 trillion of economic benefit globally. These things are not general purpose devices such as smartphones and PCs, but dedicated objects, such as vending machines, jet engines, connected soap dispensers and a myriad of other examples."
"Currently, IoT technologies — and business models that utilize IoT — are immature. Despite this immaturity, there are already sporadic examples of existing and planned uses across a wide range of industries. Enterprises will need to make plans and preparations now or risk being left behind by their faster-moving competitors."
It is going to be the next gold rush in the techno world, similar to the mobile app gold rush. I agree with the article that these IoT technologies are still immature, but like with every new techno they will make their way in our lives pretty quickly.
An example of an object having Internet connection:
http://www.samsung.com/us/appliances/refrigerators/RF28HMELBSR/AA
Google and Apple already have their IoT developer tools:
https://cloud.google.com/solutions/iot/
The following quotes are from the article http://www.forbes.com/sites/gartner...net-of-things-and-the-enterprise-opportunity/
"The world will see 25 billion Internet-connected things by 2020, and Gartner estimates that the IoT will produce close to $2 trillion of economic benefit globally. These things are not general purpose devices such as smartphones and PCs, but dedicated objects, such as vending machines, jet engines, connected soap dispensers and a myriad of other examples."
"Currently, IoT technologies — and business models that utilize IoT — are immature. Despite this immaturity, there are already sporadic examples of existing and planned uses across a wide range of industries. Enterprises will need to make plans and preparations now or risk being left behind by their faster-moving competitors."
It is going to be the next gold rush in the techno world, similar to the mobile app gold rush. I agree with the article that these IoT technologies are still immature, but like with every new techno they will make their way in our lives pretty quickly.
An example of an object having Internet connection:
http://www.samsung.com/us/appliances/refrigerators/RF28HMELBSR/AA
Google and Apple already have their IoT developer tools:
https://cloud.google.com/solutions/iot/
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today